Highlands Bankshares, Inc. announced earnings results for the second quarter and six months of 2017. For the quarter, the company posted earnings of $1,600,000 or $1.20 per share of common stock outstanding (EPS), compared to $1,893,000 or $1.42 EPS for the same period of 2016. Net interest income, on a fully taxable equivalent basis, increased $162,000 for the first six months of 2017, as compared to the same period in 2016. The increase in net interest income was driven by the increase in loan volume and drop in volume and rate of interest bearing liabilities. Return on average assets (ROAA) decreased in 2017 to 0.79%, as compared to 0.95% in the same period of 2016. The return on average equity (ROAE) decreased to 6.15% at June 30, 2017, as compared to 7.67% at December 31, 2016.